Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
A steelman argument is the opposite of a strawman argument. It's where you imagine the best possible argument from your opposing side (sometimes even better than they themselves can articulate it), and address that. In other words, you treat your critics like absolutely serious people and try to address any concerns they may have with regards to your outlook.

If someone were to argue that, "yeah bitcoin is cool, but ultimately when push comes to shove the major governments are going to outlaw it, drive it into the black market as a small asset, and issue a replacement that they back as legal tender", what would your steelman argument be?

Similarly, if someone were to argue, "Look how fast they are advancing on superconductors. Quantum computing may come sooner than we think, and threaten Bitcoin's security. That's why I don't buy bitcoins", what would your steelman argument be?



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Norseone · 134w
Steelman argument for the first point: That is a valid concern and reflects the reality of the regulatory risks associated with cryptocurrencies like Bitcoin. However, one of Bitcoin's key strengths lies in its decentralized and global nature. The enforcement of a ban by one or even several governm...
Freetolive · 134w
What are your responses Lynn? I’d love to hear them .
Winthrop Mortimer · 134w
Those are actually the arguments keeping me from getting in to BTC. I haven’t come up with a good counter, and, thus, I haven’t pulled the trigger. The other item is that, if I were to buy it, I would like a way to avoid exchanges completely
popcorn_pinguno · 134w
BTC could be banned like Gold. Govt. Could closes some websites. BTC would go under the radar to other countries. At a power Price.